EICHERMOT
Eicher Motors - Short term opportunityEicher Motors looks good with a decent risk reward
A good pick for very short term
Levels and analysis is mentioned in the chart
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Eichermotor 1d chart analysisMy personal view on eicher motors.
As eicher motors shows a good rally after breakout. it shows again a Bullish continuation Poll & Flag pattern.
If this pattern fails it can retest its previous supports.
Eicher Motor In symmetrical triangle chart patternsA symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
For Educational Purpose Only
Eicher Motors breakout retest with RSI 60—a good long candidate?NSE:EICHERMOT is retesting its breakout zone with RSI at 60 and support at 13DMA (not pictured here). FIB extension targets are highlighted. First resistance can be 2800 (also happens to be 23.6% FIB). A few auto stocks seem to be in momentum and have retraced so the sector seems to be in a good mood, too.
If we observe, Eicher had formed an H&S, took support and is now retesting around the left & right shoulder levels.
Stop can be placed below 2700, around 2670-2680.
Eicher Motors Analysis | Restest levelEicher motors is at very important level in daily timeframe
It has break the important resistance level now it can retest this level
keep an eye
#DREDGECORP CMP428.25 Target 480 #ModiSpeech #PMModi #ADANIGROUPWeekly Chart
#DREDGECORP
NSE: DREDGECORP
Short Term Quick Profit
CMP 428.25
Target: 480
SL : 402
Timeframe < 45 Days
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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Eicher Motor Long Set-up> Stock has reversed its down trend and has given a breakout.
> Trading above key moving averages.
> Volumes look good as well.
> Bullish RSI
***Tgram: Stocks101
Breakout in EicherOn 4hr chart Eicher has given a breakout with a Tgt level of next Fibo Resistance of 2885.
Trade with Trailing SL
SWING TRADE : EICHERMOTLevels are given in the chart.
BO level is 2710. Buy above the give level and daily candle closes above 2710.
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
Eicher Motor is at resistanceeicher motor is at a make or break situation
last time on weekly chart my team predicted exact support zone from where exact reversal happen ,but now team is not sure about its direction. Please leave your view in comment
Eicher Motors - Monday Blues Ahead ?Stock has taken rejection from the S&R zone. Looks good to short below 2600 for quick targets of 2560, 2520
For confirmation, wait for 15-30 min candle close below the TL (Might take more than a session to hit the target)
P.S. Ignore if stock opens big gap down
EICHERMOT Swing Trade Buy For 14%Eichermotors is ready to give a decent target of 14% in buy side.
Initiate the trade from the given levels.
Buy- Above 2720
SL - 2660
Target - 2865 2950 3050 3100
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Also check the below related ideas for other stocks.
Eicher motor longReady to fly,1st save target is 3065 or might be create new life time high this time.
Eicher Motors : Intraday Trade| 17th MayStock has been trading in a range which is getting smaller and smaller. Volumes have been decreasing all this month.
If stock breaks lower TL (2400 levels) then can target 2375, 2355 and 2330 levels.
Consider upside (1-2%) if upper trendline breaks and stock crosses 2485 successfully.
P.S. As usual fall would be quite faster compared to the rise. Looks likely to fall and test the support zone on the downside however either side movement is possible.
